FLC 8.33% 11.0¢ fluence corporation limited

Media update, page-2064

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    Perhaps this snippet from the article is a clue to why there has been share price weakness and a lack of institutional buying in Fluence.
    ‘The water sector is not an easy sector to invest into because of the high fragmentation of the industry and the very long-term time horizons that people (have to) take. So, while water obviously lends itself very much to impact investments, the viability very much depends on the time horizon a fund can take. If the time horizon is 3-6 years, it will not be easy to generate the returns a fund needs to cover both its costs and provide the investors with an attractive return. This, in particular, holds for investing into (early-stage) water technology companies. ‘
 
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